2019 Overview

General Credit Union Information

Elevations is an NCUA insured institution located in Boulder, CO.
It was founded in 1952 and has approximately $2112.8 millions in assets.

Who can join?

Anyone who lives or works in Boulder, Broomfield, Larimer and Adams Counties in Colorado can open an account at Elevations.

CU-Boulder and Naropa University students, faculty, staff and alumni association members are eligible for membership.

If you work for an employer or organization that has a corporate membership with them, then you are eligible.

If you’re related to someone who has an account with Elevations Credit Union, then you are eligible.

If you live in Colorado you can join via a membership in Consumers United Association. A $5.00 membership fee gives you eligibility to join Elevations Credit Union and access to timely and valuable consumer information.

Field of Membership Restrictions

Membership in Elevations Credit Union is open to anyone in the state of Colorado through making a $15 donation to the Elevations Foundation. Membership is also open to the following: (1) those who live or work in Adams, Boulder, Broomfield, Denver, Jefferson, Larimer and Weld Counties in Colorado; (2) faculty, staff and students of CU-Boulder and Naropa University; (3) employees of City of Boulder, Boulder County and over 200 area Company Members.

Featured - Virginia Home Equity Line Of Credit Rates 2019

Our APRs start at 4.99% for the most qualified applicants and are higher for other applicants. For example, for a borrower with a CLTV of 45% and a credit score of 800, a five-year Figure Home Equity Line with an initial draw amount of $50,000 would have a fixed annual percentage rate (APR) of 4.99% and a 3.00% origination fee. Your total loan amount would be $51,500. Origination fees range from 0-4.99% of your initial draw depending on your credit score and the state in which your property is located. The advertised rate is available only to borrowers using primary residences as collateral. Your actual rate will depend on many factors such as your credit, combined loan to value ratio, loan term and occupancy status.

Low fixed loan rate. Borrow $15,000-$150,000.

Approvals in 5 minutes, funding in as few as 5 days

No appraisal fee. No maintenance fee. No pre-payment fee. No late fee.

Note to ELEVATIONS
To upload and update your bank's rates please register.
It is free to register and add rates.

Branches

Below are Elevations branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia

Elevations Locations

Financial Details

Elevations Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Elevations.
The data is provided by the NCUA.
All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured.
Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio

Elevations

U.S. Average

2.04%

6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed
with the amount a credit union has on hand to cover any losses.
The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has
to absorb its loan losses.

As of March 31, 2019,
Elevations had $4,554,169 in non-current loans and $109,317 in owned assets.
To cover these potential losses it had $221,934,420
in net worth and $6,326,792 in loans loss reserves.
That gives it a Texas Ratio of 2.04%.

Net Worth

Elevations

U.S. Average

10.5%

13.47%

Elevations FCU has a net worth of 10.5% versus the BestCashCow average of 13.47.
Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Elevations

Branches and Savings

What is Elevations?

A federal credit union, registered with the NCUA under certificate #68565.
Learn more about credit unions here.